Grenada County, Mississippi
Income Data
At a Glance
How Grenada County Compares
Detailed Income Statistics
Data Story
About Household Income in Grenada County, Mississippi
Grenada falls short nationally
Grenada County's median household income of $47,998 falls 36% short of the national median of $74,755, reflecting limited economic opportunity and job diversity. This significant earnings gap positions the county among lower-income regions nationally.
Below Mississippi average
Grenada County's $47,998 median household income trails Mississippi's statewide average of $48,514 by less than 1%, placing it at the state median line. Per capita income of $27,886 slightly exceeds the state average of $27,136, suggesting relatively even income distribution.
Grenada struggles regionally
Grenada County's $47,998 income ranks among the lowest in this analysis, surpassed by Franklin County ($45,618) only and significantly trailing George County ($54,822) and Greene County ($55,838). The gap reflects Grenada's economic isolation in north-central Mississippi.
Rent burden requires attention
Grenada's rent-to-income ratio of 20.6% sits above the ideal threshold, consuming more than one-fifth of household income for renters. Median home values of $123,400 demand careful savings planning for households earning the county median.
Build resilience with patience
Grenada County residents can grow wealth by tracking expenses carefully and automating small contributions to savings accounts before considering investment vehicles. Starting with even $25-50 monthly builds financial discipline and emergency reserves essential for long-term security.
Frequently Asked Questions
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Income Comparison Calculator
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County median: $47,998 per year
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vs. State Average
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vs. National Median
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.